The Indian medical device industry in India presently valued at USD 5.2 billion is experiencing growth rate of over 15-17% CAGR and has immense growth potential. Considering the huge import dependency in this sector and nations clarian call for self-reliance, ICMR has initiated the Medical Device and Diagnostics Mission Secretariat (MDMS) under its Division of Innovation and Translation Research (ITR) to support & catalyze research, development and indigenous manufacturing of cost-effective medical devices in the country to strengthen healthcare sector in India and to reduce its import dependency.